FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%

FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live […]

The post FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64% appeared first on Bitcoin News.

Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High

Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August HighA few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped significantly in value in contrast […]

The post Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High appeared first on Bitcoin News.